BNY Mellon CA AMT-Free Municipal Bond Z (DRCAX)

Fund Assets	496.86M
Expense Ratio	0.67%
Min. Investment	$1,000
Turnover	20.48%
Dividend (ttm)	0.40
Dividend Yield	3.02%
Dividend Growth	5.00%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	13.36
YTD Return	0.71%
1-Year Return	5.48%
5-Year Return	0.63%
52-Week Low	13.04
52-Week High	13.72
Beta (5Y)	0.05
Holdings	196
Inception Date	Jul 26, 1983

About DRCAX

BNY Mellon California AMT-Free Municipal Bond Fund, Inc. - Class Z is an open-end mutual fund that focuses on providing investors with a high level of current income exempt from both federal and California state income taxes. The fund primarily invests in municipal bonds issued by a diverse range of California entities, with a particular emphasis on securities that are not subject to the federal alternative minimum tax (AMT). Its portfolio is tailored for those seeking tax-advantaged income, especially residents of California. Managed by the Dreyfus fund family since its inception in 1994, the fund is notable for its substantial asset base and a disciplined approach to credit quality, typically reflecting lower credit risk relative to peers. It distributes income monthly and aims to maintain a moderate yield while adhering to stringent risk management standards. The fund’s significant role in the municipal bond market lies in its capacity to direct capital toward California’s public infrastructure and community development projects, thereby supporting vital state and local initiatives.

• Fund Family: BNY Mellon
• Category: Muni California Long
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: DRCAX
• Share Class: Class Z
• Index: Bloomberg Municipal Bond TR

Performance

DRCAX had a total return of 5.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.74%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FCMAX	Fidelity	Fidelity Advisor California Muni Inc A	0.76%
FCTFX	Fidelity	Fidelity California Municipal Income Fund	0.43%
FIJBX	Fidelity	Fidelity Advisor California Muni Inc Z	0.40%
FCMQX	Fidelity	Fidelity Advisor California Municipal Income Fund - Class I	0.52%
FCMTX	Fidelity	Fidelity Advisor California Muni Inc M	0.67%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DCAYX	Class Y	0.58%
DCMIX	Class I	0.63%
DCAAX	Class A	0.86%
DCACX	Class C	1.65%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03735	Jul 31, 2026
Jun 30, 2026	$0.03321	Jun 30, 2026
May 29, 2026	$0.03419	May 29, 2026
Apr 30, 2026	$0.0331	Apr 30, 2026
Mar 31, 2026	$0.03353	Mar 31, 2026
Feb 27, 2026	$0.03078	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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